Do Tax Cuts Work? Over Two Million Americans Are Proof

If there is still any question to whether the Tax Cuts and Jobs Act will benefit Americans, that doubt has long vanished. Over two million employees have already received some form of a bonus or pay increase since the passage of the tax relief package.

Americans for Tax Reform has compiled a list of the over one hundred businesses—big and small—who have raised employee wages, distributed bonuses, increased retirement contributions, or have even expanded their operations because of the tax cuts. Some businesses are even restructuring health insurance plans, with hopes to reduce some of the financial burden levied onto their employees.

Some specific examples include:

1.) BB&T Bank distributed $1,200 bonuses to their 27,000 employees and increased the starting hourly wage from $12 to $15.